After a loved one has passed on, the executor of the estate will distribute your loved one's property and assets according to his or her wishes.
At my firm – the Law Office of Barbara J. Dibble – I represent clients who are beneficiaries of an estate regarding problems that may arise with trust administration or execution of a will. Contact me, a Fullerton beneficiary representation attorney, online or call 714-515-5126 to schedule your free initial consultation with an experienced lawyer.
Orange County Probate Attorney
After the death of a loved one, if there is no will or if there is only a will, the estate will enter probate. In the event that your loved one died without a will, there are laws that specifically apply to determine beneficiaries and distribution.
Assuming the existence of only a will and no executor is named, an executor can be appointed. The executor will then settle any relevant debts of the estate and distribute any remaining assets and property according to the instructions of an existing will, including distribution of assets into a trust to be managed by a trustee.
The purpose of having a trust is to protect the beneficiaries; as a beneficiary, you have the right to ask for information regarding administration of the trust and the right to proper management of the trust. As the beneficiary of a will, on the other hand, it is important to be careful — you have rights as a beneficiary to object to improper distribution, but strict laws govern your right to contest its terms.
The laws applicable to estate distribution and trust administration can be very complicated. For example, particularly if you have inherited highly valued assets or property that has increased in value over the years, estate tax implications of your inheritance must be considered.
When you have questions about the distribution of your loved one's estate or administration of a trust of which you are a beneficiary, it is crucial that you seek the assistance of an experienced estate planning attorney such as myself who understands how these laws work together.
California Wills/Trusts Law Firm
If you are a beneficiary of an estate and have questions or concerns regarding administration of the estate, call us at 714-515-5126 or contact me, an Orange County probate lawyer, online to schedule a free initial consultation. I have regular office hours, with evening and weekend appointments available.